Flexography is a printing technology that is suitable for printing on coated and uncoated paper materials, non-porous substrates including metallized and paper foils, and plastic films. Flexographic inks are transferred on to the substrate by the process of flexography. Flexographic inks are primarily used in printing of packaging solutions. Further flexographic inks are used in printing of plastic and paper bags, cardboard box, catalogues, banners and hoardings. Depending upon application of flexographic ink and printing surfaces, several types of inks are available in market. Price is another major factors that influence the adoption of a particular flexographic printing ink.
The global flexgraphic ink market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global flexgraphic ink market is growing at a fast pace and increasing its geographical footprint rapidly. The global flexgraphic ink market is valued at US $ xx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xx million dollars by the end of 2023 in value.
Increasing consumer spending for purchase of goods and services has led to improvement. Low cost and environment friendly product offerings is likely to drive the demand of flexographic ink market during the forecast period. The growing demand for flexographic inks owing to the growth of printing industry is another factor likely to drive the growth of flexographic ink market. Increasing FDI investments in emerging economies and stabilizing U.S. economy further optimizes the chances of the growth of the market during the forecast period
Growth of packaging sector in developed markets such as North America and Europe and China has significant positive impact on the global flexgraphic ink market. Key players of the global Flexo-ink market are Sun Chemical Group, Flint Group, TOYO INK SC HOLDINGS CO., LTD., HuberGroup Deutschland GmbH, T and K TOKA CO., LTD., SAKATA INX CORPORATION and SiegwerkDruckfarben AG and Co. KGaA among others.
Research Methodology
The research process includes the market segmentation of the global flexgraphic ink market, identifying the growth determinants of every market segment and market forecasts. The primary source from the supply side includes industry experts, CEOs, vice president, directors, and key executives of various industry players. The primary source from demand side includes marketing manager and experts from various application industries. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type:
Manufacturers (30%), Suppliers (30%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography:
North America (35%), Asia (30%), Europe (20%), Rest of the World (15%)
By designation:
Top level (40%), Operation level (20%), Mid-level (40%)
Contents of the report:
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